News Highlights: Top Company News of the Day
November 25 2020 - 4:30PM
Dow Jones News
Salesforce Is in Talks to Acquire Slack Technologies
A deal, which would mark a big move by the corporate-software
maker into office communications, could be reached in days.
Walmart, Grocers Can Avoid New Mexico Shutdowns With Covid-19 Testing
State officials in New Mexico are offering grocery stores,
retailers and other essential businesses a way to avoid shutdowns
when workers become infected with Covid-19: regularly test all
employees.
Delta, Pilots Strike Deal to Save Jobs
Pilots agreed to accept reduced pay in exchange for job security
until 2022, as the industry continues to grapple with reduced
travel demand due to the pandemic.
GE Appliances Turns Up the Speed on Supply-Chain Upgrade
Coronavirus-driven disruptions in demand and production added
urgency to a GE Appliances digital supply-chain upgrade aimed at
building visibility and flexibility.
Amazon Web Services Hit by Outage
The company said it was experiencing errors that were causing
issues for a range of cloud-software programs in its region
covering the eastern part of the U.S.
Ahead of Black Friday, Retailers Race to Navigate Surge in Covid-19 Cases
Retailers are bracing for new Covid-19 restrictions that could
weigh on holiday sales but hope investments in digital operations
will allow them to better reach consumers than in the spring when
the economy locked down.
Deere Expects More Machinery Sales as Crop Prices Rise
Deere raised expectations for profits next year, anticipating
that higher crop prices will lead to improving demand from U.S.
farmers for its tractors and harvesting combines.
Exxon Documents Reveal More Pessimistic Outlook for Oil Prices
The Texas oil giant has lowered its outlook on oil prices,
suggesting it expects the fallout from the coronavirus pandemic to
linger for much of the next decade.
China Drugmakers Face Pressure to Prove Their Covid-19 Vaccines Work
Pressure is mounting on Chinese drugmakers to show clinical
evidence that their leading Covid-19 vaccines work, after early
data on three Western-developed shots showed promising
effectiveness against the disease.
JD Health IPO Adds to Hale and Hearty Hong Kong Market
Hong Kong is having a standout year for stock listings, despite
political turmoil and the derailment of the world's largest initial
public offering.
(END) Dow Jones Newswires
November 25, 2020 17:15 ET (22:15 GMT)
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